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ECB’s Knot: Some upside risks slipping into the inflation outlook

Additional comments flowing in from the European Central Bank (ECB) policymaker Klaas Knot, as he expresses his take on the inflation outlook.

“Some upside risks slipping into the inflation outlook,” Knot said.

Earlier on, the ECB policymaker said that the Eurozone fiscal policy must keep large role for years.

Market reaction

EUR/USD is testing daily lows just above 1.2150, little affected by the above comments, as a broad-based US dollar rebound remains the exclusive driver for the pair’s price action, as of now.

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